In response to ongoing “Stay At Home” directives and a long-term “new normal”, Remote Online Notarization is gaining traction as a critical solution for transactions requiring notarization.
According to the Mortgage Bankers Association, electronic closings are much more consumer friendly, allowing family members to complete transactions wherever they are and also with a greater sense of control, since electronic documents can be viewed prior to signing. Electronic closings are more cost effective for lenders as well, with thousands saved in paper costs.